Key macroeconomic indicators

The public debt ratio stood at 52.4% of GDP in March 2023, well below the 70% threshold applicable in the WAEMU zone as part of the multilateral convergence pact.  It should be noted that Benin makes a point of respecting the convergence criterion relating to the public debt ratio, which has historically remained below its threshold. With a margin of around 17% in relation to the threshold, this rate reflects the efforts made to manage public debt and the debt margin available to finance development projects. The evolution of the public debt ratio over the medium term is linked to the implementation of projects in the Government’s Action Program.